May 1 (Reuters) - FLSmidth & Co A/S FLS.CO:
INVESTIGATES POTENTIAL NON-COMPLIANCE WITH SANCTIONS REGULATIONS AND TAKES STEPS TO ENHANCE COMPLIANCE MEASURES
NOTIFIES OFAC AND DANISH BUSINESS AUTHORITY OF INVESTIGATION
INTERNAL INVESTIGATION SHOWS RELEVANT TENDER MATERIALS WERE PROVIDED AT PROPOSAL-STAGE WITHOUT PROJECT CONTRACTS HAVING BEEN CONCLUDED
REVIEWING AND ENHANCING COMPLIANCE PROGRAMME AND RISK MANAGEMENT
INTERNAL INVESTIGATION FINDINGS INDICATE THAT TENDER ACTIVITIES COULD CONSTITUTE SERVICES WITHIN SCOPE OF APPLICABLE SANCTIONS REGULATIONS
INTERNAL INVESTIGATION FINDINGS INDICATE THAT TENDER ACTIVITIES COULD CONFLICT WITH INTERNAL PROCEDURES
Source text: ID:nGNE7CY1ZJ
Further company coverage: FLS.CO
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